At a Glance
- Tasks: Lead compliance frameworks and ensure alignment with regulatory requirements.
- Company: Simplyhealth, a certified B Corp improving UK healthcare for over 150 years.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Other info: Collaborative environment with senior stakeholders and a focus on sustainable growth.
- Why this job: Make a real impact on healthcare access while shaping compliance strategies.
- Qualifications: Experience in prudential regulation and strong analytical skills.
The predicted salary is between 60000 - 80000 £ per year.
At Simplyhealth, we've been improving access to healthcare in the UK for over 150 years. As a certified B Corp with around 2.5 million members, our purpose is to make healthcare more affordable and accessible for everyone - something that's never been more important.
As our Senior Prudential Compliance Manager, you'll play a critical role at the heart of our Risk & Assurance function. Reporting to the Deputy Chief Risk & Compliance Officer, you'll lead the development, interpretation and oversight of our regulatory compliance frameworks, with a particular focus on Prudential Regulation Authority (PRA) and prudential requirements. This role is central to ensuring Simplyhealth maintains strong, forward‑looking compliance with evolving regulatory expectations. You'll act as the organisation's subject matter expert on prudential regulation, covering areas such as Solvency II and Solvency UK, Own Risk & Solvency Assessment (ORSA), capital adequacy and risk governance.
In this role, you'll:
- Lead the development and ongoing enhancement of the Group compliance policy framework, ensuring alignment with FCA and PRA requirements
- Take ownership of the ORSA process, embedding it into enterprise risk management and business planning
- Provide expert interpretation of complex regulatory requirements, translating them into practical policies, controls and business guidance
- Lead regulatory horizon scanning, focusing on emerging prudential developments and supervisory expectations
- Act as the primary point of engagement with the PRA, managing submissions, queries and regulatory reviews
- Ensure strong alignment between compliance policy, risk management and governance frameworks
- Support Board and Executive committees with high‑quality insight, reporting and analysis on compliance, risk and emerging issues
You’ll work closely with senior stakeholders across the organisation, helping to shape a robust and proactive compliance environment that enables sustainable growth and strong governance.
Prudential Compliance Leader: PRA & ORSA Expert in Winchester employer: Simplyhealth
Simplyhealth is an exceptional employer, dedicated to improving healthcare access in the UK for over 150 years. As a certified B Corp, we foster a collaborative and inclusive work culture that prioritises employee growth and development, offering unique opportunities to lead impactful compliance initiatives in a supportive environment. Our commitment to making healthcare affordable and accessible not only drives our mission but also creates a meaningful workplace where your contributions truly matter.
StudySmarter Expert Advice🤫
We think this is how you could land Prudential Compliance Leader: PRA & ORSA Expert in Winchester
✨Tip Number 1
Network like a pro! Reach out to professionals in the compliance field, especially those who work with PRA and ORSA. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Solvency II and capital adequacy. We recommend creating a cheat sheet of key concepts and recent regulatory changes to impress your interviewers.
✨Tip Number 3
Showcase your expertise! During interviews, be ready to discuss how you've interpreted complex regulations in the past. Use real examples to demonstrate your problem-solving skills and ability to translate regulations into actionable policies.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are genuinely interested in joining our mission to improve healthcare access.
We think you need these skills to ace Prudential Compliance Leader: PRA & ORSA Expert in Winchester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Prudential Compliance Leader. Highlight your experience with PRA and ORSA, and don’t forget to showcase your skills in regulatory compliance frameworks. We want to see how you can bring value to Simplyhealth!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about improving healthcare access and how your expertise aligns with our mission at Simplyhealth. Let us know how you can contribute to our compliance environment.
Showcase Relevant Experience:When filling out your application, be sure to include specific examples of your past work related to prudential regulation and risk governance. We love seeing real-life applications of your skills, so don’t hold back!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Simplyhealth
✨Know Your Regulations
Make sure you brush up on the latest Prudential Regulation Authority (PRA) guidelines and Solvency II requirements. Being able to discuss these topics confidently will show that you're not just familiar with the regulations, but that you can also interpret and apply them effectively.
✨Showcase Your Expertise
Prepare to share specific examples of how you've previously developed or enhanced compliance frameworks. Highlight your experience with Own Risk & Solvency Assessment (ORSA) processes and how you've successfully managed regulatory submissions or queries in the past.
✨Engage with Stakeholders
Think about how you've collaborated with senior stakeholders in previous roles. Be ready to discuss how you’ve provided insights and analysis to support decision-making, as this will demonstrate your ability to work effectively within a team and influence at a high level.
✨Stay Ahead of the Curve
Research emerging trends in prudential regulation and be prepared to discuss how they might impact Simplyhealth. Showing that you’re proactive about horizon scanning will highlight your commitment to maintaining strong compliance and governance.
